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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: kendall harmon who wrote (81375)	2/1/2000 9:26:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

RNWK.. up and down.. now up. rode it up, rode it down.. now I would look at the February 160's calls (13 1/2 down from 28) or the Feb 165's calls (11 3/4 down from 24). Just trade them as if they were the stock. A cup & handle chart formation breakout was made when RNWK traded above 159 the first time (coinciding nicely with its earnings report) and RNWK went up to 181, then followed a corrective phase, one long bearish candlestick, one long doji (yesterday already signifying possiblity of a reversal) culminating in a hammer today. Also a double bottom breakout point & figure chart formation and 10 day moving average breakout. If you are daytrading RNWK it triggered a 5 period moving average crossover (60 minute chart) at 155 making it already a good possibility as a swing or daytrade. Pretty good predictable price patterns for a 'classic' internet play and one of the best IMHO.

To: kendall harmon who wrote (81375)	2/2/2000 5:53:00 AM
From: lee kramer	Respond to of 120523

Kendall: Inflation is NOT rising prices. Rising prices are the result of inflation. Inflation is caused by an introduction of "funny money" by the Fed/Treasury into the economy. Keep an eye on M-1,2,3 to see if the money supply is expanding, contracting or is stable. Example: You're playing "Monopoly" with your friends on a rainy Saturday. You can trade or buy properties from your buddies. If the total amount of Monopoly money is, say, $50,000 and there are 50 "properties" on the board, the "average" price that each property can command is $1,000 ($50,000/50). If some properties get bid up, it's axiomatic that other properties can't command the $1,000 average. One of your friends, a real sharpie, comes to the game with $25,000 of Monopoly money from HIS game at home. He surreptitiously slips this $25,000 into his pile. And he starts to buy everything he lands on, buys properties from other players. Now the average price that each property can command is $1,500 ($75,000/50). This...the introduction of money that didn't "exist" when the game started...is inflation. The increase in the general level of prices is the consequence of the prior inflation. (Lee) With a "stable" or mildly expanding money supply...a bulge in prices in one area (oil? at the moment) must come at the expense of other areas. (Lee)